Economy, asked by misteemewa15, 5 months ago

what is GST ? Explain it briefly​

Answers

Answered by sangeeth62
4

Explanation:

The goods and services tax (GST) is a tax on goods and services sold domestically for consumption. The tax is included in the final price and paid by consumers at point of sale and passed to the government by the seller. ... The GST is usually taxed as a single rate across a nation.

Answered by Anonymous
5

Explanation:

GST is known as the Goods and Services Tax. It is an indirect tax which has replaced many indirect taxes in India such as the excise duty, VAT, services tax, etc.

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